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Banks in no hurry to cut lending rates

SBI chairperson says transmission only after deposit rates come downThe Reserve Bank of India cut its key policy rate by 25 basis points and vowed to improve liquidity in the market but banks are......

SBI revises lending rates based on new method

For one year loan, the interest rate would be 9.20 while for two years it is going to be 9.3 per cent. State Bank of India has revised lending rates based on marginal cost of funds, a new......

$75 mn from Diageo may remain a pipe dream for Mallya

SBI had moved the Debt Recovery Tribunal because Mallya owes over Rs 7,200 crore to a consortium of banks led by State Bank of India An Indian tribunal has temporarily halted a $75 million......

Sensex, Nifty edge higher; post best weekly gain since October

State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares. Markets ended marginally higher on Friday, amid a rangebound trading session, led by select......

Sensex falls 362 points to end at 23,191

In the Nifty pack SBI was the top loser down nearly 7% while Bank of Baroda ended 6% lower. Markets ended lower amid profit taking in late trades with PSU bank shares leading the decline after......
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DFJ to sell India VC portfolio and other stories

US-based venture capital firm Draper Fisher Jurvetson (DFJ) has sold almost its entire Indian portfolio to Hong Kong-based NewQuest Capital... ...

http://www.vccircle.com/news/general/2016/05/03/news-roundup-dfj-sell-india-vc-portfolio-and-other-stories
Crime In Hyderabad (3.5.2016)

Lightning kills one (Siasat News): A man killed in lightening at Pedda Topran in Shamshabad. Police said that the deceased Srikant was the... ...

http://www.siasat.com/news/crime-hyderabad-3-5-2016-954379/
Telecom Stocks Lead the Gains

Posted by Equitymaster After opening the day on a positive note, the Indian stock markets continued to trade in the green. Sectoral indices are... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/j-5-OiwaiNI/tm.asp
Report

IT giant Microsoft is seeing immense growth opportunities in sectors such as banking and e-commerce. The company is particularly bullish in the... ...

http://www.cxotoday.com/story/microsoft-sees-huge-potential-in-bfsi-e-commerce-report/
Arundhati Bhattacharya to Vijay Mallya

SBI's Bhattacharya has challenged Mallya's willingness to settle with the banks, saying that his financial capabilities to repay needs to be gauged. ...

http://www.dnaindia.com/money/report-i-want-to-see-actual-cash-arundhati-bhattacharya-to-vijay-mallya-2208604

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